Sale reports / Mississippi / Meridian Livestock Auction / 2020-04-27

Meridian Livestock Auction

Feeder Cattle · Slaughter Cattle · Replacement Cattle · Meridian, Mississippi · Mon, Apr 27
● Final73 lots reportedUSDA AMS · slug 2112
Feeder Cattle receipts
404 head
▲ 208 vs last sale 196▲ 404 vs year ago 0 · no sale a year ago
Slaughter Cattle receipts
42 head
▲ 1 vs last sale 41▲ 42 vs year ago 0 · no sale a year ago
Replacement Cattle receipts
35 head
▲ 28 vs last sale 7▲ 35 vs year ago 0 · no sale a year ago
View

Reporter comment USDA

As filed

Compared to last week: Feeder calves were 3.00-5.00 lower. Slaughter cows and bulls were steady.

Weight classPick one — the panels below update

Heifers · summary 0–100 lb

Weighted average of every reported lot
0–100 lb heifers averaged $112.65/cwt on 203 head.
Average price
$112.65
203 head · 573 lb average
Value per head Derived
$645
Price × average weight ÷ 100
Grade differential Derived
−$44
per head · Medium and Large 1 over Medium and Large 3
$23.98/cwt at this weight
vs the market
−1.32
vs MS average

Price by quality 0–100 lb

Frame and muscle grade
Frame / muscleAvg wt$/cwt$/headHead
Medium and Large 1355130.6746421
Medium and Large 2465113.3152718thin
Medium and Large 1-2634110.83703142
Medium and Large 3475106.6950722
One grade step is worth $23.98/cwt here — about −$44 a head. Across this sale the premium is widest at 0–100 lb. USDA reports each grade on its own line and never publishes the spread.

How it compared 0–100 lb

Same class and week · spot auction only
This sale203 hd
112.65
—
MS average12 barns · 1,215 hd
113.97
−1.32
A barn can sit above the state average at one weight and below it at another — check the class you actually sell.

Slaughter cattle

By class and quality grade · $/cwt
Cull cows and bulls are graded, not weight-classed — grade is what moves the money here.
ClassGradeDressingAvg wt$/cwt$/headHead
Bulls—High1,66888.911,4838thin
CowsBoner 80-85%High1,22160.3273726
CowsLean 85-90%Very Low1,01150.0350624

Every lot

73 lots · USDA AMS · Meridian Stockyard - Meridian, MS
Nothing removed and nothing rounded — the same lots as the USDA report, with per-head values added. Grouped by class and set lightest first; USDA files them in sale-ring order.
ClassWeightGrade / descriptionAvg wtPriceRangePer headHead
Feeder Cattle · Steers28 lots · lightest first
Steers—Medium and Large 1280161.00/cwt161.00–161.004511
Steers—Medium and Large 2295152.00/cwt152.00–152.004481
Steers—Medium and Large 2321150.72/cwt150.00–152.004844
Steers—Medium and Large 1322160.83/cwt158.00–165.005184
Steers—Medium and Large 2374149.65/cwt145.00–155.005607
Steers—Medium and Large 1430143.16/cwt140.00–148.0061610
Steers—Medium and Large 3435120.00/cwt120.00–120.005221
Steers—Medium and Large 2440132.65/cwt130.00–134.005843
Steers—Medium and Large 2475134.84/cwt129.00–139.0064011
Steers—Medium and Large 1480141.00/cwt141.00–141.006771
Steers—Medium and Large 1506129.74/cwt128.00–131.006564
Steers—Medium and Large 2545120.00/cwt120.00–120.006541
Steers—Medium and Large 3545112.00/cwt112.00–112.006101
Steers—Medium and Large 1563123.50/cwt123.00–124.006952
Steers—Medium and Large 3574111.47/cwt108.00–114.006404
Steers—Medium and Large 2584115.27/cwt113.00–118.006734
Steers—Medium and Large 1610117.00/cwt117.00–117.007141
Steers—Medium and Large 2628112.69/cwt97.00–115.0070814
Steers—Medium and Large 1668114.50/cwt114.00–115.007652
Steers—Medium and Large 266898.54/cwt97.00–100.006582
Steers—Medium and Large 3678100.00/cwt100.00–100.006783
Steers—Medium and Large 2712111.16/cwt109.00–113.0079122
Steers—Medium and Large 1720110.00/cwt110.00–110.007921
Steers—Medium and Large 283096.00/cwt96.00–96.007971
Steers—Medium and Large 1-283499.00/cwt99.00–99.0082610
Steers—Medium and Large 287295.00/cwt95.00–95.008282
Steers—Medium and Large 290090.00/cwt90.00–90.008101
Steers—Medium and Large 11,000105.00/cwt105.00–105.001,0501
Feeder Cattle · Heifers21 lots · lightest first
Heifers—Medium and Large 3228123.62/cwt120.00–127.002822
Heifers—Medium and Large 1285132.00/cwt132.00–132.003767
Heifers—Medium and Large 3285120.00/cwt120.00–120.003421
Heifers—Medium and Large 2318123.57/cwt121.00–126.003933
Heifers—Medium and Large 3370119.00/cwt119.00–119.004401
Heifers—Medium and Large 2372123.97/cwt123.00–125.004613
Heifers—Medium and Large 1380132.64/cwt129.00–133.0050411
Heifers—Medium and Large 1405121.47/cwt119.00–124.004922
Heifers—Medium and Large 3425110.00/cwt110.00–110.004682
Heifers—Medium and Large 2429113.01/cwt111.00–115.004854
Heifers—Medium and Large 2460114.00/cwt114.00–114.005241
Heifers—Medium and Large 1465118.00/cwt118.00–118.005491
Heifers—Medium and Large 3491107.20/cwt100.00–110.005265
Heifers—Medium and Large 1-2510123.00/cwt123.00–123.0062778
Heifers—Medium and Large 2517110.98/cwt110.00–112.005743
Heifers—Medium and Large 3521102.31/cwt95.00–108.005335
Heifers—Medium and Large 2560110.00/cwt110.00–110.006161
Heifers—Medium and Large 357398.89/cwt90.00–107.005676
Heifers—Medium and Large 2600106.00/cwt106.00–106.006361
Heifers—Medium and Large 271091.01/cwt90.00–92.006462
Heifers—Medium and Large 1-278596.00/cwt96.00–96.0075464
Feeder Cattle · Bulls10 lots · lightest first
Bulls—Medium and Large 1420131.02/cwt130.00–132.005502
Bulls—Medium and Large 1450136.00/cwt136.00–136.006121
Bulls—Medium and Large 2471120.96/cwt112.00–127.005704
Bulls—Medium and Large 1515120.00/cwt120.00–120.006181
Bulls—Medium and Large 2531114.51/cwt113.00–117.006084
Bulls—Medium and Large 2550110.00/cwt110.00–110.006051
Bulls—Medium and Large 356699.88/cwt95.00–105.005656
Bulls—Medium and Large 2610102.00/cwt102.00–102.006222
Bulls—Medium and Large 363092.44/cwt90.00–95.005822
Bulls—Medium and Large 365090.00/cwt90.00–90.005851
Slaughter Cattle · Bulls3 lots · lightest first
Bulls——1,30379.82/cwt75.00–83.001,0402
Bulls——1,74896.59/cwt96.00–97.001,6882
Bulls——1,81089.61/cwt84.50–91.001,6224
Slaughter Cattle · Cows6 lots · lightest first
Cows—Lean 85-90%91540.00/cwt40.00–40.003661
Cows—Lean 85-90%95643.87/cwt42.50–45.504194
Cows—Lean 85-90%1,02751.86/cwt48.00–55.0053319
Cows—Boner 80-85%1,20260.74/cwt57.00–63.0073020
Cows—Boner 80-85%1,25855.87/cwt55.50–56.007034
Cows—Boner 80-85%1,34065.00/cwt65.00–65.008712
Replacement Cattle · Bred Cows4 lots · lightest first
Bred Cows—Medium and Large 21,151845.30/cwt750.00–970.009,7297
Bred Cows—Medium and Large 21,1751,038.17/cwt850.00–1,180.0012,1982
Bred Cows—Medium and Large 21,235920.00/cwt920.00–920.0011,3621
Bred Cows—Medium and Large 21,3451,180.00/cwt1,180.00–1,180.0015,8711
Replacement Cattle · Cow-Calf Pairs1 lot · lightest first
Cow-Calf Pairs—Medium and Large 21,2751,000.00/cwt1,000.00–1,000.0012,7502

This sale against other markets

Mississippi weighted averages
One sale is one barn on one day. The state ladder is every Mississippi auction USDA reported that week, weighted by head — the fairer test of whether a lot sold well.